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. if a crisis can be averted. if democrats and republicans can come to an agreement on the big fight that has been frankly smothering american politics for weeks now. president obama announced earlier today that he wants to see a deal done by tomorrow on the big debt ceiling fight that has consumed every bit of oxygen in d.c. for the last few months. the president saying tonight that congressional leaders are on the clock. they have 24 to 36 hours to get a deal done. as planning a vote that the u.s. government should not default on our debt and shut down comes down to the wire, we are inching close enough to the edge here that two of the world's major credit rating agencies have warned that our national credit rating may be downgraded as a result of this standoff. the day that the u.s. would actually hit the debt ceiling and start going into default and shutting down is august 2. but this does not mean that we have until august 2 before we lose our national credit rating. that could just happen right now. because of the uncertainty and because of how long it is taking to get this done. right
's here to dish on the debt and deal in taxes. and big money, big problems? mitt romney's campaign is debt free, but where is all that money coming from? we'll tell you why it could add up to a little bit of trouble for the republican front-runner. good morning, it's monday, july 18th, 2011. i'm chuck todd. just 15 days until default day. let's get right to my first reads of the morning. it's a week of public spectacle and private wrangling. efforts to get a big debt deal done has failed. >> when you look in the past at agreements between divided government, it's taken leadership on both sides. it took reagan and o'neil. it took clinton and gingrich. the president is out there. he's willing to do it. he said it in the state of the union, he said it in the budget. the question is, do we have a partner to work with? and i hope the answer to that is yes. >> this week we'll see a two-track process. publicly, leaders will get a few votes out of the way to allow conservatives to get on the record on a balanced budget amendment and set the table that nothing besides the final deal can pass. meanw
leaders are digging in on the big sticking point of taxes ahead of tomorrow's white house summit. chuck todd is nbc's chief white house correspondent and host of "the daily rundown." chuck, we've heard a lot from republicans. today at the bloomberg breakfast it was said that any tax measures had to be revenue positive over the long run that could be ten years out. eventually have to contribute toward deficit reduction. that is not what republican senator john cornyn was saying exactly the opposite what he said on our show yesterday that it has to be revenue neutral. how does the president hope to bridge this devoid? >> reporter: well, you know, they have an interesting tactic here. they believe and frankly behind the scenes so do house republicans believe it will be easier to sell a larger deal that has some things in it that nobody's crazy about on certain sides. whether some trims to entitlements on the democratic side or some of these revenue proposals on the republican side that if it's a large deal, $2.5 trillion to $4 trillion and maybe even $6 trillion in the out years meaning th
. thanks! you noticed! you know these clothes are too big now, so i'm donating them. not going back there again. good for you! how'd you do it? eating right, whole grain. whole grain? whole grain. [ female announcer ] people who choose more whole grain tend to weigh less than those who don't... multigrain cheerios has five whole grains and 110 lightly sweetened calories per serving... more grains. less you! multigrain cheerios. can help your kids' school get extra stuff. ♪ like musical instruments. ♪ and new art supplies. ♪ because they're the only cereals with box tops for education. last year, schools earned over ten million dollars from big g cereals. you can raise money for your kids' school. look for this logo... only on big g cereals. you can make a difference. every cereal box counts. >>> a norwegian court says the prosecution will request eight week of pretrial detention for the suspect in the country's terror attacks. prosecutors will ask for the hearing to be closed to the public and to the media. the suspect admits he killed almost 100 people in friday's bombing and
onboard these boats, so that was a big concern as well. >> firefighters on land and in two fire boats from the river did all they could to stop the fire from spreading through the entire washington yacht club it started in one boat the flames quickly spread to others, four of them were destroyed and now sunk one boat owner bill lost his 38-foot cris craft. >> if it is completely down in the water you tell me how bad it is. >> they have sunk. >> as far as we know it is burned down to the water line. >> the boats were engulfed the fire visible from highwaybridges around firefighters rushed to untie other boats setting them loose so they too would not catch fire. >> we did have collateral damage again, pretty combustible materials, fiber glass, plastics, fuel, a lot of hazardous material. >> several people live on boats in the marina it does not appear anyone was aboard the boat that is caught fire no one was hurt investigators are trying to determine the cause whether it was an accident or arson. >> at this point investigators are here but i have not heard of anything asthma luscious or susp
against the former head of the imf. as randall pinkston reports, there are big questions surrounding the accuser as well. >> reporter: dominick strauss-kahn walked out of court an almost freeman. >> the defendant will be released on his own recognizance. the only restriction is the people will continue to hold his travel documents. >> reporter: the turn around came when prosecutors revealed the hotel maid lied about her whereabouts following the alleged attack. >> that investigation raised concerns about the complaining witness' credibility. >> reporter: prosecutors spelled out other inconsistencies about the accuser in a letter to strauss-kahn's defense attorney. they include lying to get into the united states from her native, guinea. her attorney insists the facts are not changed. >> the victim here made some mistakes. but that doesn't many she is not a rape victim. >> reporter: strauss-kahn's attorneys have insisted what happened in the hotel room was not a crime. his lawyers hope the multiple sex charges will be dropped. >> it is so important in this country that people, especia
for john boehner, i think boehner was exactly right, his instincts were let's get a big deal, the problem is he couldn't sell it to his caucus dominated by tea party who consider themselves patriots, but this -- >> six months ago you heard bill talking about it with stuart varney, said we shouldn't be raising taxes in a down economy. andrea. >> he's absolutely right. these crazy tea partiers that bob loves to blast every chance he gets have the same position that president obama essentially had in 2006 when he said we shouldn't vote to raise the debt ceiling and if we did it would be irresponsible so the president, big political issues on the line but i agree with bob in one respect, john boehner has real trouble within his conference. there are members of the gop caucus that have come out and said we're not voting for any kind of deal as long as it includes raising the debt ceiling so boehner does have to work with democrats. big challenges on both sides. heather: democrats bob certainly have a problem, a lot of them are saying no cuts to social security, no cuts to medicare, no cuts to
'm thomas roberts. rupert murdoch will testify at parliament tomorrow, this is the big headline, all over the phone hacking scandal that's rocking his media scandal. meanwhile there was a new arrest of a top exec over the weekend, and now the head of scotland yard and his assistant are resigning. if you're keeping score so far, there have been three high-profile resignations, ten arrests and it is not over yet. jim maceda is live in london to bring us up to speed on this. jim, good morning. >> reporter: hi there, thomas. make that four high profile resignations. just a couple of hours ago scotland yard's number two, john yates, also resigned under increasing, extraordinary, really, pressure. that on the heels on his boss's resignation last night. commissioner paul stevenson, he was the head of scotland yard. he, if you will, fell on his sword and said that he could not in good conscience continue with all the challenges to keep the peace in great britain as he and specifically his relationship with the murdock media empire became such a focus of attention. he was calling it a major distra
morning steve and alison big hello welcome back. >> thank you tuck. i experienced dry heat i will talk about it later in the show. >> we had something from another world over the weekend temperatures a little better today i want to stress, low 90s decent chance for scattered showers and thunderstorms could use those this is generally a good news monday forecast let's look at our satellite radar, again we will start with radar gain showers off to the south and east, heavy rain in spots across southern maryland during the overnight hours they had a flash flood warning, but you can see here in the immediate washington area, fairly quiet conditions there is a lot of haze and humidity in the atmosphere. temperature not comfortable, regan national, 81 degrees. 76 dulles, 75 at the naval air station and 75 hagueers town. partly sunny condition, thunderstorms developing later, highs upper 80s low 90s again our best chance of rain this week let's hope we get a little bit before sunshine returns tomorrow more details in the forecast in a coupling minutes lauren. >>> we are still dealing with two
the band-aid. eat our peas. >> reporter: of course, taxes remains the big sticking point. the president, though, insisting that nothing would change before 2013 so it would not happen during a difficult economic environment, but house speaker john boehner saying that there's no reason to raise taxes in order to control spending. he believes the best way to get revenue is by improving the overall economy by creating jobs. he says he is willing to get a deal done with democrats and the white house, but, in his words, it takes two to tango and they are not there yet. >> dan lothian at the white house, thanks. >>> the debt crisis overseas sending a chill through wall street this morning. less than half hour before the opening bell, u.s. stocks may be headed for another rough day. ali velshi is joining us live from new york. ali, what does it mean? >> well, you know, first of all, futures seem to be leveling out a little bit, kyra. a couple of things going on here. one as dan was just saying, we just heard from the treasury secretary who is making a speech and he says he is expecting a deal
, hi, there, thomas. it seemed like forget hope for getting a big deal done in the arena of $4 tril john lion in tt decade was dwindling, but republicans would not accept a deal that big and they wanted $2 trillion over the next decade, but as you mentioned president obama came out today swinging, upping the ante saying he does indeed want a big deal done and if not now, when? and he essentially tried to assume the position of the adult in the room calling on the lawmakers to rip off the band-aids and eat the peas and call to action for democrats and republicans and calling the democrats to come to the table for entitlement reforms, and the republicans for rolling back the tax breaks for wealthy americans and big corporations, and it seemed like at the last of last week, the president and the speaker boehner may have been moving in the same direction, but then speaker boehner said we cannot support anything that looks like a tax increase. and so the president addressed that in his conversation today, and he said that any tax brea increases would not take effect immediately. >> when
have lied on her asylum application. she can lie on her tax forms. that's not going to be the big problem. the big problem is when you start lying to the prosecutors about what happened in this incident, i don't see how they can move forward. >> robin sax, i want to bring you in. do you agree with dan? i mean do you think that this case can momo towards a dismissal now? >> well, there is no choice, unfortunately, but this case to move towards dismissal. the problem is that this case stinks all around. while this victim did lie, and i agree with dan completely that the fact that there may have been lies that were about applications and on asylum and the past but had it becomes about the crime itself it's a problem. but i blame the prosecutors for not building a rapport to get this information out from the beginning. the lack of transparency about the relationship between the third in command in the office with the defense is also a problem. something stinks in this case. it doesn't change the fact that this guy has three prior victims, and now thihiperson i
street is worried about washington. late wednesday moody's one of the big three credit rating agencies warning it might have to lower the rating if lawmakers don't come to an agreement on raising the debt ceiling. in the statement it said the action was prompted by the possibility that the debt limit woil not be raised in time to prevent a missed payment on u.s. bonds with a small but rising risk of ashort-lived default. economists say if the aaa rating is lowered it will throw the financial markets into chaos and the cost of borrowing would go up to everything from morlts to car loans. ben bernanke warned. >> i think the worst outcome if we don't raise the limit, at some point we default on debt and that would create as i said before, a huge financial calamity. >> reporter: sources say the president knew about the moody's warning as he headed into wednesday meeting which all sides describe as tense. republican majority leader eric cantor cited the president as saying i have reached my limit. he left saying i'll see you tomorrow. the two sides couldn't even agree about what happened in
-packard is trying to make a big splash with its new touch pad tablet computer. you can find the touch pad in stores today. "usa today's" ed banks says it has too few apps, also too many glitches, but he did find real positives. >> the standout feature here is web os. that's hp's operating system originally developed for the palm prix. uses a playing card metaphor. where all the apps and tasks you're running appear as playing cards. when you're done you flick i i off the screen. it's easy to switch among them. it makes multi-tasking a breeze. >> hp is deploying workers to best buy stores to demonstrate how to operate the touch padad >>> smaller regional chains fare better than nationally known giants in "consumer repopos" new ranking of fast food restaurants. mcdonald's burgers came in dead last. the survey said in and out had the best burgers, chick-fil-a had the best chicken, chipotle had the best mexican food. is it wrong that story made me hungry? >> mcdonald's fries, got to say. >>> coming up next, never before seen images from the wreck of the "titanic." >>> not what you'd expect to find or wa
their arguments outside rather than keeping them inside the room. the president wanted the big deal, john boehner it seemed wanted the big deal, and it's very clear that that is not likely to happen. so at this point the president had his press conference yesterday. he said, you know, i'm the grownup in the room here. we each need to give a little on something. he said, by the way, if we don't agree, guess who will sufficiensufficiener? the american people. >> you mentioned spooking the american people. i saw a poll today and i'm sure the white house saw it as well. in it it showed americans are more worried about raising the debt limit than they are about the government defaulting. could the statement by the president be, i don't know, a calculated effort to warn the country, talking about millions who don't get the checks about the severity of this government default? >> absolutely. i think the president is now starting to say, okay, and we're getting a little into the blame game now. okay, if the government defaults, you're not going to get your social security checks and your veterans benefit
that slavery was the big difference between the two, but there were lots of other differences. one of them is that the southerners had pursued a very profitable intensive monoagriculture. maybe it was rice one place or tobacco another place. that was different, where there was much more of a mixed economy in the north. but i started to say about northern abolition--that had a tremendous ideological and social impact on the north and differentiated it from the south in a very conspicuous way, because now it wasn't just the paucity of slaves in the north, it was an actual moral stance having been taken against slavery. c-span: how many slaves were there in the north? >> guest: mm. goodness. that's a question i'm not prepared to answer. a quarter--let me give you some figures--a quarter of the working population in manhattan was enslaved. i know that. in the new england states, it was about 4 percent to 6 percent of the population. if--in pennsylvania, it might be 10 percent to 12 percent. new york: 16 percent, 18 percent. new jersey--about that. so... c-span: what was the impetus to get rid
& friends" starts right now. >>dave: good saturday, everyone, a big news saturday. we thought the heat would be the big story. but anything but. a very serious matter. good to have you here for alisyn. >> all hell breaking loose in many parts of the world including in norway. >> we have new information of the shooting in the shotting massacre and bombing that happened hours apart in norway. >> this as the death toll from the attacks has gone up to 91. and greg is leave in london. greg? >>greg: we have been tracking this story through the night and hour by hour it is worse and worse and the words, the gunman as he shot the victims "you all must die," describing the scene, the prime minister, he turned paradise into hell. and now the events of the shocking attack right now. police now say that 84 people were killed on the island 20 miles from the capital of norway, one of the worst mass shooting sprees in history. the gunman was dressed as a policeman calling teens to come closer and then tee towns the guns on him, machine guns, rifles and pistols and the kids ran, hid, played dead, and tried
with happiness. one was much smaller states than we ended up with. he believed a state was too big, it would end up containing people from too diverse groups, and would eventually crumble. he knew of what he was speaking because his state, virginia at the point in time included what is now virginia, kentucky and west virginia, and was not a happy state and in fact it leader broke up. kentucky was seated right around this time. west virginia not until the civil war. but the other thing jefferson was talking about was who controls the senate. all those maritime states the talked about, the darker green states on the map have rivers and waterways that flow to the atlantic. west of the appellation the waterways flow unless they go directly into the gulf, they ultimately find their way to the mississippi river. and at that point in time, the mississippi river was controlled by spain in what is now tennessee since it had not yet been a state they proclaim themselves a state without congress' approval, franklin, and they talked about proclaiming themselves a republic called franklin and opening negotia
. the key sticking point is this issue of raising the debt limit, large enough, big enough, so that it gets us through 2012, gets us into the spring of 2013. right now, of course, the boehner bill and what republicans were supporting would have this debt limit come to another vote in the next -- >> at this point in time -- >> harry reid wants to do is simply figure out a way to satisfy the second round of deficit reduction, create a stronger trigger potentially, whatever he can come to, to get more republicans to support his way in order to get this debt limit passed 2012. i think he's going to come to an agreement. the question is, how big of an agreement is it? is it an agreement that barely gets the eight republicans he wants? or does it get 20 republicans and sends a strong, bipartisan message to make sure this thing doesn't get gummed up again in the house. >> does he have a dance partner in terms of a republican willing to negotiate? >> reporter: he's got a few dance partners potentially, but right now he's not working very well with mitch mcconnell. that's not clear. but don't be sur
was ready to try again to do something big to control the debt. the ensuing days, the two sides forged common ground on the strategy raising the debt limit and cutting more than $4 trillion out of the federal budget that would take place through 2021. the speaker put out a statement in connection with the comments he made to the press yesterday. here is a bit of it for you. he said: in the end, he writes, we couldn't connect. not because of different importants, but different visions for our country. the president is emphatic taxes have to be raised. i know that tax increases destroy jobs. the next page, mr. boehner goes on to say, the president is adamant we can't make changes to entitlement program. i know the programs won't be there for my daughter's generation unless significant action is taken now. i have decided to end conversations with the white house and begin conversations with the leaders in the senate in an effort to find a path forward. again, the leaders are going to the white house today to meet with the president. the minority leader also putting out a statement becaus
on her tax forms. that's not going to be the big problem. the big problem, when you start lying to the prosecutors about what happened in this incident, i don't see how they can move forward. >> robin sax, i want to bring you in. do you agree with dan and think this case can move towards a dismissal now? >> well, there is no choice, unfortunately, but this case to move towards dismissal. the problem is that this case stinks all around. while this victim did lie, and i agree with dan completely that the fact that there may have been lies that were about applications and on asylum, but when it becomes about the crime itself, it's a problem, but i blame the prosecutors for not building a rapport to get this information out from the beginning. the lack of transparency about the relationship between the third in command in the office with the defense is also a problem. something stinks in this case. it doesn't change the fact that this guy has three prior victims, and now this person is also claiming the same sort of sexual abuse, it's a shame for victims everywhere. >> robin, as a p
the moments. americans are outraged you have to big chunk of americans that still believe that she was guilty in this case and even though she was proven not guilty, many say that doesn't mean she was innocent. and protesters were out there, outside of the jail, waiting for casey to leave just outraged take a listen to what some people were saying. >> we're just out here, we don't care if it's raining, where the thunder is, we're out here. >> it's an important thing to boycott casey, that she gets no money, protest that this kill ser getting out. that she had such a jury trial that was as much a joke. six-year-old would have made a more conscientious decision. >> sheet's definitely guilty. >> and dave mentioned the facebook, there's the i hate casey anthony facebook page. 45,000 now. >> dave: it's up now 48,755 and i would imagine that list will continue to grow throughout the days and weeks ahead. >> clayton: another one, an f-casey anthony page. more than 775,000 individuals on that. so they were choosing between the two facebook pages the i hate casey anthony page and another one. >> ainsl
a piece of legislation, so stay tuned. bill: we shall. it will be a big deal come next week. jason chaffetz, thank you, out of utah. martha: another day at the office, really. one group of workers, union workers, just sort of, you know, having a joke, a little smoke, booze, at the lunch hour. you know? the same kind of stuff we do around here, bill. one reporter got up close and personal. this is fascinating. bill: they don't have us on camera, though. martha: thank goodness! bill: team usa, world cup final, sunday at 2:00, what a day this was, abby wombach, she's like a superhero. martha: love her. bill: that header put her one up, team usa will play japan for all the marbles. martha: love it. bill: sunday afternoon. go usa! back in a moment. bill: some stories developing in "america's newsroom", there is new violence erupting in pakistan, gunmen in the streets of karachi, opening fire, leaving seven dead and more than two dozen injured. >>> dozens of suspects connected to the mexican mafia in custody after a huge gang raid in california. the mexican mafia, considered the oldest a
the forecast. wall street rallied. a big bucket of cold water was poured on wall street and the economy with the lackluster jobs. >> the economy added an average of 215,000 jobs per month in the previous three months so the anticipation was there. and it showed a stand still in june. what is it about june, do we know what happen? >> it's not just june. they went back and revised downward the prior month. they thought they had 57,000 jobs in may. it turned out it was 25,000. they got rid of it -- they revised away 45,000 additional jobs. we think there have been temporary blips in the economy, the greek situation, storms all through the south you were reporting on. you've had high gas prices and a whole lot of other things have been happening and that caused the economy to come to a stand still and hiring come to a stand still in may and june. we hope that's the case. >> you want to bring up an important thing that a lot of people don't hear about. you call it the real unemployment rate, the ratio of unemployed, discouraged workers and people working part time because they can't find ful
when negotiations with the taliban move forward and it also may have very big repercussions for the u.s. effort in the south. people called president hamid karzai's brother a corrupt gangster. but the cia's former head of counterterrorism says the u.s. may miss him. >> it's quite like live that what follows is going to be something that will not work to our interest. >> reporter: an afghan official says he was gunned down in his own home, shot in the head and chest by his own guard. the taliban took credit, but it's not clear if the shooter was really working for them. >> the united states condemns in the strongest possible terms the murder of president karzai's half brother in kandahar. >> a u.s. official said quote, while we must deal with ahm ahmed wali karzai, he's widely understood to be corrupt and narcotics trafficker. the state department and u.s. military were trying to build trust in the afghan government. they frequently criticized ahmed wali, but the cia worked with him. >> i think often parts of the u.s. government were working at cross purposes where ahmed wali was conce
call, while we're waiting, is from big sandy, texas. scott is a republican. good morning. caller: yes, susan, if i were a republican and in the negotiations, i would continue to bring up the immorality that the democrats are willing to -- and the fact that they're willing to steal the liberty of future generations with this humongous debt. they need to hold their feet to the fire, and in the end, obama and the democrats will have to come around. there's no doubt about it. we've got the upper hand. even though you've got the press on the president's side, and i want all these democrats that have called in here supporting obama this morning, just ask yourself, are you honestly better off? has his policies actually helped this country? or is it sending this country to oblivion? none of his policies, none of his stimulus, none of it has worked. not one single bit of it. we're worse off now than when he took office, and we're continuing to go downhill. it's time this iron-headed fool relent and let the adults take over. host: thanks for your call. scott from big sandy, texas. here is speak
forward. >>> big news this morning. first according to several reports the sexual assault case against dominique strauss-kahn is falling apart because his accuser may not be telling the truth. strauss-kahn has a bail hearing later today. cbs news correspondent elaine quijano is at the courthouse in manhattan with the latest. >> reporter: good morning to you. if true these new developments represent a stunning reversal of fortune for the man whose political and financial career all but disintegrated when he was arrested six weeks ago. two law enforcement officials told "the times" the case against dominique strauss-kahn could soon collapse because they have uncovered major holes in the credibility of the housekeeper who filed the charges. >> this defendant is charged with criminal sexual acts in the first degree. >> reporter: the woman charged that strauss-kahn assaulted her and forced her to commit a sex act when he came upon her while she was cleaning his $3,000 a night suite at new york's sofitel hotel. forensic evidence confirms a sexual encounter between the two took place but pros
on making a big deal at >> i went and looked outside to see a wall, a giant cloud of dust and smoke rising from the plaza area where the bombing occurred. and i could see the debris spreading outwards and people kind of being covered with it in the same sense that i saw on september 11th living in new york city. i had many of the same visual cues from the attacks of a i, ju wt dkevendouwt ceyntnyto. punishment, notorios im. test. test. test. test. >> this and all of the other junk science that prosecution presented, i think this just kind of points out to the fact that jury got it right. and this just supports everything that i kind of suspected from the get-go. this idea that somehow there were 84 searches or this or that just wreaked at the time somebody didn't know what they were doing when they were looking at the searches. >> would you have said as a defense lawyer, what would you have done in the situation? if it just smacked of not making intelligence. >> i've had this precise case twice over with murder cases where somebody has gotten up and purported to be an expert and then taken
. if they manage to defeat this vote today, this is going to be a big, big problem for markets. if they don't, you may see markets continue to tread water until there is a solution to this. now, remember, speaker boehner's plan is not likely one that is going to pass the senate. not likely one that is going to get past the president. the bottom line if there is some sense boehner has better control of h over hi members you may see markets allowing a little bit more time. right now markets are largely relaxing but ready to move if this doesn't go the right way. >> thanks, guys. >>> at the bottom of the hour, we will go to wall street for the opening bell and answer a question many of us have right now -- should we take our money out of the stock exchange and where do we put it if so. we will talk to a financial analyst about that. >>> cnn obtained dramatic new video taken minutes after the bombing of the government buildings in norway. it was shot by a hamburg who works in oslo and driving through a tunnel beneath the city's government plaza when the bomb went off. eight people killed. he recorded
chart has given a lot over the years. we call it the big shot. in the last few years, change has happened in terms of the long-term stability, brief moments of disturbance, changes in 60 years of stability. we reinvented work practices and other practices. what has happened now is in the last 10 years, we are moving to a different kind of infrastructure proven by the digital loss of competition. now we find having a world in which we have constant disruption nearly every year. the challenge is how do you start to leverage that rather than fear that in terms of driving innovation in? it will not slow down for the next 30 or 40 years. let me say this personally. i can recapitulate the last 10 years of my life. it took me from this class to cloud computing come into graphic processing, that is scientific computing a fraction of the cost, now into a very limited form of competing. i have had to relearn almost everything i knew as a computer scientist. dealing with the plains regarding amazon and microsoft. i had to think about how to move these processing units. there are single proc
if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. now, to make sure that these protections worked - so ordinary people were dealt with fairly, so they could make informed decisions about their finances - we didn't just change the law. we changed the way the government did business. for years, the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with a mortgage lender, you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were responsible, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge, with just one job -- looking out for regular people in the financial system. now, this is an idea that i got from elizabeth warren, who i first met years ago. back then -- this is long before the financial crisis -- elizabeth wa
the state of pennsylvania has come in and said defaulting on the debt is not that big a deal. it can be, quote in his words, easily managed. does the senator from arizona agree with that thinking? mr. mccain: as the senator may know, i came to the floor a couple of days ago and made that comment, and the senator from illinois and i are in agreement, point number one. you can prioritize -- i think the senator and every economist i know literally would agree. you can prioritize for awhile where you want what remaining money is left. but the message you send to the world, not just our markets but to the world, that the united states of america is going to default on its debts is a totally unacceptable scenario and beneath a great nation. we are in agreement, number one. mr. durbin: amen. mr. mccain: number two is that to insist, to insist that any agreement is based on the passage through the united states senate of a balanced budget amendment to the constitution of the united states, as i said before, is not fair to the american people because, because the terrible obstructionists on this
to conservatives that is their big area of skepticism for you, because it is one issue that comes up. in your own words, what do you want to tell them about it? it does not seem to go away >> first, if i were president, i will repeal obamacare. the first day of my administration i will say to the secretary of health and human services, i want a waiver for all 50 states from obamacare. we had a bill that is 70 pages in length. he has a bill 2,700 pages. >> you have to pass it to find out what is in it. >> nancy pelosi said it. >> i didn't mean to interrupt. >> in those extra 2,630 pages he does a lot of stuff we didn't do. he takes over health care. basically had the federal government manage health care not just for the uninsured but for everybody. that's one reason why the american people are saying no way for obamacare. why do we take on this issue? a lot of people were worried if they changed jobs they would lose their insurance or didn't have insurance. we had people gaming the system. who could afford to care for themselves. instead showing up at hospitals expecting government to pay. we sai
caddie, is talking, and he's not happy. >>> also, a big las vegas headliner joining dozens of vegas showgirls to protest what some of the biggest hotels on the strip are charging guests. >>> you're watching "american morning." it's 14 minutes past the hour. [ female announcer ] the healing power of touch can be even more powerful, with precise pain relieving cream. it blocks pain signals fast for relief precisely where you need it most. precise. only from the makers of tylenol. ♪ let me make you smile ♪ let me do a few tricks ♪ some old and then some new tricks ♪ ♪ i'm very versatile ♪ so let me entertain you ♪ and we'll have a real good time ♪ [ male announcer ] with beats audio and flash, you can experience richer music and download movies straight to the new hp touchpad with webos. but when she got asthma, all i could do was worry ! specialists, lots of doctors, lots of advice... and my hands were full. i couldn't sort through it all. with unitedhealthcare, it's different. we have access to great specialists, and our pediatrician gets all the information. everyone
their own loved ones? >>> and caught. after learning of a big shark caught off massachusetts this weekend, our correspondent, face to face in the water. >>> good evening on this sunday night. as we begin here with that abc news exclusive. the woman at the center of the storm. the hotel maid who accused one of the world's most powerful men, dominique strauss-kahn, of sexual assault, is now breaking her silence tonight. just a short time ago, sitting down with abc's robin roberts. the hotel worker says she stands by her story, declaring, god as my witness, i'm telling the truth. for the first time, we see here, and linsey davis is here with what we've heard so far. >> reporter: this is the first time we're seeing her face. perhaps you've never heard her name before. nafissatou diallo is the woman we simply came to know as the hotel maid who accused dominique strauss-kahn of attempted rape. she's ending her silence with an exclusive tv interview with "good morning america's" robin roberts. why now? "i never want to be in public," she says, "but i have no choice. now i have to be in public. i
went to that were big money because i grew up in a middle-class home, it cost $22,000 to go, you played tennis and eight food. host: there are pictures this morning that showed a couple of scenes from inside the white house. this is from "the washington post." this is a picture of first lady betty ford and her daughter susan. the description says, "the first lady and daughter susan killed time and the president's office in 1975. in 1980, the pair lost national breast cancer awareness month. mrs. ford became an awareness for early detection. " there's a picture for 1979 and this shows mrs. ford said in a longtime -- alongside liza minnelli and liza minnelli at studio 54. the next one shows mrs. ford, that she was quite the denser and loved to do so. those pictures are all found in "the washington post"this morning. we're talking about the passing of betty ford died yesterday. we are taking your comments and tweets on the subject. new york, republican line, go ahead. caller: good morning. i want to say a few things. i thought betty ford was very innovative and incredibly supportive and sh
. big deal. you're delicious. so what. i've got news for you. there's no such thing... ...as a bear sheriff. you think i'm afraid of you? hey what? you don't have to be mean to the ke. i do. you don't. i do. just eat yoplait light. they have great flavors like... boston cream pie, raspberry cheesecake. even though i work here, i've lost weight. wow. yeah. carry on. (announcer) 28 delicious flavors at around 100 calories each. york. >> seems like an appropriate time to talk about your tuesday forecast as we sweat it out here. another scorcher from texas to connecticut. several storms from montana to northern new england. rainy in albuquerque and salt lake city. cooler and damp in the pacific northwest, which sounds heavenly. scattered thunderstorms across the gulf coast. >> it really is the humidity, isn't it. 90s from new orleans to boston. 85 in chicago. 79 in the twin cities. and 93 in kansas city. upper 70s in sacramento. 71 in portland. and 87 degrees in billings. >> of course it is the summer. all right. >>> the forecast for phoenix called for baseball-sized baseballs. major le
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